Epic Games chief to speak in S.Korea as Google, Apple face app store challenge

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November 10 (Businesshala) – The chief executive of “Fortnite” creator Epic Games and other outspoken critics of Apple Inc. (AAPLO) and Alphabet Inc. (GOOGL.O) Google plans to speak in South Korea, where two American technocrats He was forced to open up his App Store to third-party payments in the face of the giant new rules.

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According to a representative from the companies, Tim Sweeney and representatives from Match Group (MTCH.O) plan to talk about fairness in the online ecosystem at a conference next week.

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Sweeney’s visit to Korea comes a day after a US judge denied Apple’s request to block a set of court orders handed down after a lengthy antitrust trial between Apple and Epic Games. Those commands may require Apple to allow developers to create in-app buttons and links to third-party payment systems.

In August, South Korean lawmakers amended the country’s Telecommunications Trade Act. Under the change, app store operators will have to allow third-party payment systems in their stores, rather than forcing developers to use in-app payment systems that charge a commission.

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The Korean Communications Commission (KCC) has asked both Apple and Google to submit compliance plans.

Last week, Google said it presented a plan that would allow third-party payments for the first time, but it’s unclear whether the plan will reduce costs for developers.

Instead of charging its standard 15% commission for use of its in-app payment system, Google said it would charge developers who use its own payment system, an 11% commission. Those developers will likely pay an additional 3% to 4% fee to external payment processors.

Apple has not said whether it has submitted a compliance plan. In October, a Korean official told Businesshala that Apple has told regulators it does not believe it needs to make any changes to its existing business practices, potentially putting the iPhone maker on a collision course with regulators. has given.

Reporting by Stephen Nellis in San Francisco; Editing by Karishma Singh

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